Chances are your home is by far the largest purchase you’ll ever make. So, knowing how to decipher the language of loans and mortgages is key for any homeowner. Get a handle on your finances and better manage your budget with this helpful overview of loan types.

Feeling lost in the sea of home mortgage loan options? You’re not alone. We’ve taken the guesswork out of picking the best lending option for you by outlining the main home loan types. Happy house hunting!